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TPYP vs. ENFR
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between TPYP and ENFR is 0.54, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.


Performance

TPYP vs. ENFR - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Tortoise North American Pipeline Fund (TPYP) and Alerian Energy Infrastructure ETF (ENFR). The values are adjusted to include any dividend payments, if applicable.

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Key characteristics

Sharpe Ratio

TPYP:

1.53

ENFR:

1.42

Sortino Ratio

TPYP:

1.98

ENFR:

1.84

Omega Ratio

TPYP:

1.30

ENFR:

1.27

Calmar Ratio

TPYP:

2.22

ENFR:

1.83

Martin Ratio

TPYP:

7.71

ENFR:

6.45

Ulcer Index

TPYP:

3.79%

ENFR:

4.41%

Daily Std Dev

TPYP:

18.89%

ENFR:

19.83%

Max Drawdown

TPYP:

-51.91%

ENFR:

-68.28%

Current Drawdown

TPYP:

-4.32%

ENFR:

-5.12%

Returns By Period

In the year-to-date period, TPYP achieves a 4.74% return, which is significantly higher than ENFR's 3.93% return.


TPYP

YTD

4.74%

1M

0.63%

6M

3.03%

1Y

28.02%

5Y*

21.89%

10Y*

N/A

ENFR

YTD

3.93%

1M

3.02%

6M

3.23%

1Y

27.06%

5Y*

25.26%

10Y*

6.80%

*Annualized

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TPYP vs. ENFR - Expense Ratio Comparison

TPYP has a 0.40% expense ratio, which is higher than ENFR's 0.35% expense ratio.


Risk-Adjusted Performance

TPYP vs. ENFR — Risk-Adjusted Performance Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

TPYP
The Risk-Adjusted Performance Rank of TPYP is 9191
Overall Rank
The Sharpe Ratio Rank of TPYP is 9191
Sharpe Ratio Rank
The Sortino Ratio Rank of TPYP is 8989
Sortino Ratio Rank
The Omega Ratio Rank of TPYP is 9090
Omega Ratio Rank
The Calmar Ratio Rank of TPYP is 9494
Calmar Ratio Rank
The Martin Ratio Rank of TPYP is 9090
Martin Ratio Rank

ENFR
The Risk-Adjusted Performance Rank of ENFR is 8989
Overall Rank
The Sharpe Ratio Rank of ENFR is 9090
Sharpe Ratio Rank
The Sortino Ratio Rank of ENFR is 8787
Sortino Ratio Rank
The Omega Ratio Rank of ENFR is 8888
Omega Ratio Rank
The Calmar Ratio Rank of ENFR is 9292
Calmar Ratio Rank
The Martin Ratio Rank of ENFR is 8888
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

TPYP vs. ENFR - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Tortoise North American Pipeline Fund (TPYP) and Alerian Energy Infrastructure ETF (ENFR). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.


The current TPYP Sharpe Ratio is 1.53, which is comparable to the ENFR Sharpe Ratio of 1.42. The chart below compares the historical Sharpe Ratios of TPYP and ENFR, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


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Dividends

TPYP vs. ENFR - Dividend Comparison

TPYP's dividend yield for the trailing twelve months is around 3.87%, less than ENFR's 4.49% yield.


TTM20242023202220212020201920182017201620152014
TPYP
Tortoise North American Pipeline Fund
3.87%3.94%4.83%4.48%4.86%6.15%4.45%4.58%3.71%3.18%1.48%0.00%
ENFR
Alerian Energy Infrastructure ETF
4.49%4.41%5.48%5.23%7.86%7.57%5.81%3.98%2.98%3.31%3.34%2.15%

Drawdowns

TPYP vs. ENFR - Drawdown Comparison

The maximum TPYP drawdown since its inception was -51.91%, smaller than the maximum ENFR drawdown of -68.28%. Use the drawdown chart below to compare losses from any high point for TPYP and ENFR. For additional features, visit the drawdowns tool.


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Volatility

TPYP vs. ENFR - Volatility Comparison

Tortoise North American Pipeline Fund (TPYP) and Alerian Energy Infrastructure ETF (ENFR) have volatilities of 5.56% and 5.80%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.


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